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FARM LAND FOR SALE BY TENDER Sealed tenders in writing for the sale of the properties below-described in the Municipality of Louise will be received as follows: McCULLOCH MOONEY JOHNSTON SELBY LLP 351 Main Street Box 279 Manitou, Manitoba R0G 1G0 (Attention: Andrew D. Hnatiuk) PROPERTIES FOR SALE (owned by Stanley & John Sterling): Parcel I: Title No. 1880710/4 (160 acres including 75 Cultivated): W ½ OF W ½ 32-3-11 WPM Excluding all Mines and Minerals Parcel 2: Title Nos. 3001165/4 and 2900320/4 (240 acres including a portion of the lake): SW ¼ 5-4-11 WPM & E ½ OF SE ¼ 5-4-11 WPM Excluding all Mines and Minerals CONDITIONS OF TENDER: 1. Interested parties must rely on their own inspection and knowledge of the property. 2. Tenders may be placed and accepted on one or more or all of the above described parcels. 3. Tenders must be delivered to McCulloch Mooney Johnston Selby LLP before 2:00 p.m. on Friday, October 18, 2019, marked "Sterling Tender" 4. Tenders must be accompanied by a $10,000.00 cheque payable to McCulloch Mooney Johnston Selby LLP or MMJS as a deposit (deposit cheques accompanying unacceptable bids will be returned). 5. Highest or any tender not necessarily accepted. 6. Property is not subject to any First Right of Refusals. TERMS AND CONDITIONS OF SALE: 1. The bidder(s) whose tender is accepted will be required to complete an agreement covering the terms and conditions of the sale. 2. In addition to the deposit, the balance of the accepted tender must be paid on or before the date of closing, being January 1, 2020, or, evidence that the purchase funds will be available under conditions acceptable to the Vendor must be provided. If the balance of the accepted tender is not paid within the set time limit, the deposit may be forfeited as liquidated damages and not as a penalty. 3. Parcel 2 is divided into two separate titles, which collectively make up the full quarter section and 80 acre parcel. Legal descriptions available upon request. 4. The Possession date will be January 1, 2020. 5. The successful bidder(s) will be responsible for real property taxes commencing January 1, 2020. 6. The purchaser(s) shall be responsible for payment of GST or shall self-assess for GST. For further information, contact Andrew D. Hnatiuk at: Ph: 204-242-2801 Fax: 204-242-2723 Email:
This listing was added on: Oct 12